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FedEx just sounded the alarm on US growth — and Jim Cramer said it was the ‘most dispiriting call about the economy I’ve heard in a long time’

Jim Cramer

  • FedEx sounded the alarm on the US economy during its first-quarter earnings call this week.
  • “I think there is a lot of whistling past the graveyard about the US consumer and the United States economy versus what’s going on globally,” CEO Fred Smith told analysts.
  • “This is the most dispiriting call about the economy I’ve heard in a very long time,” Jim Cramer, host of “Mad Money” on CNBC, said on Squawk on the Street.
  • Watch FedEx trade live.

FedEx sounded the alarm on the US economy during its first-quarter earnings call this week.

The shipping giant expects it to grow 2.3% read more >>>

Source:: BusinessInsider.Com